TORONTO, Nov. 1, 2013 /CNW/ - Redline Communications
(www.rdlcom.com Group Inc. TSX: RDL) ("Redline" or the "Company"),
a leading provider of broadband wireless solutions for
machine-to-machine (M2M) communications announced today that
Eric Melka has resigned from the
Company's Board of Directors.
Eric Melka, Redline's CEO since
January 2010, has been dealing with a
persistent back injury that forced him to take a medical leave of
absence as announced on August 8th,
2013 and subsequently to resign as CEO as announced on
October 11th, 2013. Mr. Melka
indicated that he felt it was in the best interest of the company
and shareholders that he resign as his injury is preventing him
from being as effective as he would like to be. As such, he
will not be returning to Redline from his leave of absence.
"It's impossible to express in a few short words how much Eric
has done for Redline, and we are saddened that his tenure as a
Board Member and CEO was shortened by his ongoing injury," stated
Philippe de Gaspé Beaubien, Redline's board chairman. "On behalf of
the entire Board, I want to express our appreciation of his
contributions to Redline and the Board. We wish him all the best in
returning to full health."
The Board has stated their intention to fill the vacancy on the
Board of Directors created by Eric's departure.
About Redline Communications
Redline Communications (www.rdlcom.com) is the innovator of Virtual
Fiber™, a specialized wireless broadband solution used to
cost-effectively deploy and extend secure networks, enable M2M
applications, connect digital oilfields and smart grids, facilitate
and enhance public safety networks, and bring Internet access
wherever and whenever it's needed - regardless of terrain or how
remote. For more than a decade Redline has delivered powerful,
versatile and reliable wireless solutions to governments,
militaries, oil and gas companies and telecom service providers
through its global network of certified partners. For more
information visit www.rdlcom.com.
Forward Looking Statements
Certain statements in this release may constitute
forward-looking statements or forward-looking information within
the meaning of applicable securities laws. In some cases,
forward-looking statements can be identified by terms such as
"could", "expect", "may", "will", "anticipate", "believe",
"intend", "estimate", "plan", "potential", "project" or other
expressions concerning matters that are not historical facts.
Readers are cautioned not to place undue reliance upon any such
forward-looking statements.
Such forward-looking statements are not promises or
guarantees of future performance and involve both known and unknown
risks and uncertainties that may cause the actual results,
performance, achievements or developments of Redline to differ
materially from the results, performance, achievements or
developments expressed or implied by such forward-looking
statements. Forward-looking statements, by their nature, are based
on certain assumptions regarding expected growth, management's
current plans, estimates, projections, beliefs, opinions and
business prospects and opportunities (collectively, the
"Assumptions"). While the Company considers these Assumptions
to be reasonable, based on the information currently available,
they may prove to be incorrect.
SOURCE Redline Communications Group Inc.